Tag: Bankruptcy

US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround Saks Global Enterprises filed for bankruptcy to ...

SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of ...

Roomba maker IRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics.Founded 35 ...

23andMe, a distressed genetic testing company that filed for bankruptcy this year, has received another potential lifeline. A bankruptcy judge ...

Wolfspeed, a chipmaker caught in US President Donald Trump’s push to reshape Biden-era tech subsidies, filed bankruptcy to enact a ...

Struggling chipmaker Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put it ...

Builder.ai, the British artificial intelligence startup backed by Microsoft and the Qatar Investment Authority, is filing for bankruptcy after the ...

Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, ...

Prepackaged bankruptcies generally allow companies to exit Chapter 11 quickly and without disruption to their business or unsecured creditorsPublished Wed, ...

Three congressmen from the House Committee on Energy and Commerce are raising concerns over data privacy weeks after the genetic ...